Legal Question in Credit and Debt Law in Florida

If I let an RV get repossessed what will happen besides it ruining my credit rating. I thought the RV was security for the loan.


Asked on 6/28/10, 6:26 pm

1 Answer from Attorneys
Lucreita Becude Lucreita D. Becude, P.A.

The RV probably is security for the loan. However, you need to read the contract you signed. You may have allowed something else as collateral.

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Answered on 6/29/10, 9:56 am


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